this post was submitted on 20 Oct 2024
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Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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Minimum wage (slrpnk.net)
submitted 3 weeks ago by Track_Shovel@slrpnk.net to c/microblogmemes@lemmy.world
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[โ€“] Anticorp@lemmy.world 1 points 3 weeks ago (1 children)

1/3 of your income for rent is higher than financial experts advise. You should try to keep it under 25%

[โ€“] sp3tr4l@lemmy.zip 2 points 3 weeks ago

True, but afaik, basically every place in the US has a functionally, if not outright legally mandated 3 to 1 income to rent ratio.

Occasionally some smaller or more charitable landlords may waive this, or there may be different rules for some specific affordable/elderly/disabled communities, but for the overwhelming number of places, 1 to 3 is either legally required or enforced via industry standard.